January 7, 1782 - The first commercial bank in the United States opens. It is the Bank of North America, located in Philadelphia, Pennsylvania.

January 7, 1789 - In order to choose state electors, the first U.S. presidential election is held. At that time, only white men who owned property were allowed to vote.

January 7, 1800 - Millard Fillmore, 13th president, is born.

January 7, 1887 - The first round the world trip by bicycle is accomplished on this day by Thomas Stevens, who rode a Columbia high-wheeler.

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January 7, 1894 - W. K. Dickson receives a patent for motion picture film.

January 7, 1901 - Two million shares are traded for the first time in one day on the New York Stock Exchange.

January 7, 1953 - The United States announces that a hydrogen, or thermonuclear, bomb has been built and tested.
 

"Each man must for himself alone decide what is right and what is wrong, which course is patriotic and which isn't. You cannot shirk this and be a man." - Thomas Tusser